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Northvolt, once a symbol of Europe’s electric car revolution, files for bankruptcy after burning through $10 billion in investor cash

Just last week, we covered the collapse of Northvolt after its CEO and co-founder, Peter Carlsson, stepped down following a Chapter 11 bankruptcy filing. Once viewed as the driving force behind Europe’s electric car revolution, the Swedish EV battery startup
The post Northvolt, once a symbol of Europe’s electric car revolution, files for bankruptcy after burning through $10 billion in investor cash first appeared on Tech Startups.

Just last week, we covered the collapse of Northvolt after its CEO and co-founder, Peter Carlsson, stepped down following a Chapter 11 bankruptcy filing. Once viewed as the driving force behind Europe’s electric car revolution, the Swedish EV battery startup […]

The post Northvolt, once a symbol of Europe’s electric car revolution, files for bankruptcy after burning through $10 billion in investor cash first appeared on Tech Startups.

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